2, OAKES CLOSE, LAXFIELD, WOODBRIDGE, IP13 8FH - £700,000

2 OAKES CLOSE is a very large detached house of 181m², built in 2019. It was last sold for £700,000 in April 2022, which was around 68% above the average April 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

2 OAKES CLOSE Sold Prices

Land registry data shows two sales for 2 OAKES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 2 OAKES CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 5 APR	£700,000	£417,136	68% above HPI
2021 24 JUN	£675,000	£385,084	75% above HPI

2 OAKES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 2 OAKES CLOSE sales from June 2021 and April 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2021 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the April 2022 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 2 OAKES CLOSE?

2 OAKES CLOSE is 181m² according to the EPC inspection conducted in June 2021. This puts it in the largest 20% of detached houses in Laxfield, based on EPC data. The below chart shows the distribution of detached houses by size in Laxfield, and where 2 OAKES CLOSE lies on this distribution: 87% of detached houses are smaller than 2 OAKES CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Laxfield.

2 OAKES CLOSE: Plot and Title Map

2 OAKES CLOSE sits on a plot of roughly 0.369 of an acre, or 1,491m². The below map shows the location of 2 OAKES CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 OAKES CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 OAKES CLOSE?

2 OAKES CLOSE is located in LAXFIELD, in the IP13 postcode district. The below map shows the position of No. 2 on OAKES CLOSE.